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20121129
20121207
Search Results 0 to 6 of about 7 (some duplicates have been removed)
queen of american fashion be president obama's next big ambassador abroad? >>> and good evening. tonight, we have the news that american home owners have been waiting to hear. the price of the family house is roaring back to life. home prices up more than 6% across the country, and that's the biggest jump in six years. abc's david muir is here to tell us what's ahead and which markets are causing the big stir tonight. david? >> diane, we've been waiting to see a result like this. a jump for years now tracking the housing crisis since it started following families, entire neighborhoods as they waited for a rebound. and today, when we went back to one street, one of the hardest hit in america, we couldn't believe the turnaround. call it an early christmas gift for millions of americans who own homes. tonight, new signs home values are finally on the rise again. the biggest spike, in arizona where home prices are up more than 21%. >> and this is cortis street. >> reporter: perhaps you'll remember our drive through that neighborhood outside phoenix, it was ground zero for the housing crash f
. but president obama, diane, has warned that using those weapons is a red line. >> on the story for us tonight, martha raddatz, thank you, martha. >>> and now, we want to tell you about another turbulent hot spot, so vital to the united states. there is a battle in the streets outside the presidential palace in egypt, again. and abc's nick schifrin is there. >> reporter: tonight, 10,000 egyptians taking the fight over their future to the presidential palace. they want president mohamed morsi, the man they elected, now to be removed for seizing too much power. last night, the same street was a war zone. six killed, 700 injured. the biggest crisis here since egypt, one of america's most important arab allies, overthrew its dictator, hosni mubarak. these very same people filled these same streets two years ago. today, they are chanting the exact same songs, only replacing mubarak's name with morsi's. tonight, morsi refused to give up the absolute power he seized to write a new constitution. one that many here feel doesn't protect the rights and freedoms they fought so hard for. >> he has become l
obama, opening the white house doors today, to the man who had once hoped to move in there as president himself. take a look. there they were, standing in the oval office, the president and governor mitt romney. they would spend more than an hour at a private lunch and everyone was wondering if somehow, they would agree to work together on america's fiscal crisis. our jonathan karl has been on the phone today to find out what happened. >> reporter: it wasn't the way mitt romney wanted to arrive at the white house. over the gaze of the oval office portrait of abraham lincoln, known for his team of rivals, romney and obama met alone for an hour. by all accounts, much more cordial than their last encounter. >> no, i had a question, and the question was -- >> you want me to answer a question. >> reporter: on the menu, white turkey chili and southwestern grilled chicken salad. and some fence mending. but down the street, on capitol hill, was where the real fireworks were. partisan sniping and a clear sign that talks on averting the so-called fiscal cliff and preventing a big tax hike for eve
with the story. >> reporter: president obama today continued his public relations push, surrounding himself with supporters who wrote the white house, saying they do not want to see a tax increase on the middle class. it's all part of a move to rachet up pressure on republicans in congress to reach a deal before the nation goes off the so-called fiscal cliff, which would increase taxes for the average family by $2,200. >> that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition. >> reporter: but house republicans will not relent on their opposition to any plan that would raise taxes on the wealthy. >> you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. >> reporter: the latest abc news/"washington post" poll shows the public is with the president on this debate. on this debate. 60% support raising taxes on incomes higher than $250,000. >> it's going to affect their standard of living
through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> thank you. >> reporter: -- a senior white house official assailed it as a step backwards saying if republicans do not agree to some higher rates for wealthier taxpayers, the nation will go over the cliff and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck, so the lack of progress has not yet resulted in a market plunge, but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the clock ticking down. thanks so much, jake. >>> and, of course, the president also spoke out
speaker john boehner, declared a stalemate, while president obama warned that republicans must accept higher taxes on the rich or watch everyone get a tax hike. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> so, what is next? george stephanopoulos is going to sit down with the treasury secretary tim geithner for a reality check on these negotiations, this sunday on "this week." >>> and we head overseas now to israel, and the provocative new announcement there. officials in israel saying they will build 3,000 new israeli homes in jerusalem. the palestinians condemned the announcement. it comes on the heels of that historic vote by the united nations, making palestine an observer state, over the objections of israel and the u.s. >>> and nearby in egypt, tahrir square again filling up with protesters, more than 100,000 at times today, chanting against their president, mohamed morsi, claiming he jammed through a draft of a new constitution, which strengthens the muslim brotherhood against christians and liberals. critics say it would curb the
Search Results 0 to 6 of about 7 (some duplicates have been removed)